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Operations and Maintenance Opportunities Abound

Posted By Bahzad Ayoub, 03 April 2018

Operational offshore wind farms around the world contain over 4,300 turbines and over 7,800km of cables.

According to RenewableUK’s Project Intelligence database, there are 4,312 operational offshore wind turbines around the world. There is also a total of 4,610km of array cables and 3,271km of export cables that are currently being utilised on operational wind farms.

Operations and maintenance work on turbines and cables is a key element of ensuring that a project is generating at full capacity. O&M costs account around 15-25% of the total life-cycle costs of a wind farm. With an average life of 25 years, wind farms require yearly maintenance, creating opportunities for companies working in the O&M space to sign long term agreements. 

 

Source: RenewableUK Project Intelligence

Source: RenewableUK Project Intelligence

The two graphs show that the majority O&M work for both turbines and cables is currently centred around Europe, with the UK being the largest market. However, offshore wind project developments are underway in North America and Asia, with the US, China and Taiwan emerging as countries that will require companies that are working in the O&M space over the next 5-10 years.

Learn about all of these opportunities at the year’s largest, dedicated offshore wind event, Global Offshore Wind 2018. Be the first to hear about the the procurement pipeline and latest tech in the UK, Europe and the wider global markets at the Share Fair Theatre and Innovations Hub. Meet with various inward delegations and pavilions from Europe, USA, China and Taiwan, to name a few. Also, you get to pick up a special edition of RenewableUK's Offshore Wind Project Intelligence.


 

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Garth Halliday, Director of Events, Marketing and Membership

DDI +44 (0)207 901 3026

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